Barry Callebaut sells less chocolate than expected

Swiss chocolate producer Barry Callebaut was hit hard by high cocoa prices in the first nine months of its fiscal year. +Get the most important news from Switzerland in your inbox The world's largest chocolate company generated more income than in the same period of the previous year despite selling less chocolate. The company broke through the CHF10 billion turnover barrier between September 2024 to May of this year, earning CHF10.9 billion. In Swiss francs, this is 49.6% more than in the previous year. In local currencies, the increase would have been as much as 56.7%. This was mainly due to the flexible cost-plus pricing model, with which Barry Callebaut successfully passed on the sharp rise in cocoa prices to its customers. In terms of volume, however, sales fell by 6.3% over the entire period. In absolute terms, the Group still sold 1.6 million tonnes of chocolate. A decline had been expected after the volume had already fallen in the first half of the financial year. However ...